Tuesday, 29 November 2016

World’s largest collector car auction house partners with Ferrari to host exclusive auction of a unique LaFerrari

Built to benefit earthquake victims in Central Italy, a LaFerrari Coupé from Ferrari’s own collection will be auctioned December 3 during the Ferrari Finali Mondiali weekend at the Daytona International Speedway, Florida

BLENHEIM, Ontario (November 29, 2016) – Fresh on the heels of its record-breaking Milan sale, RM Sotheby’s is thrilled to announce that it will partner with Ferrari this coming weekend (December 3) for the charity auction of a unique LaFerrari. The exclusive sale will take place during the Ferrari Finali Mondiali weekend at the Daytona International Speedway in Daytona Beach, Florida.

One of the Prancing Horse’s most coveted creations, original production of the hybrid 949hp LaFerrari hypercar was limited to 499 coupés. In August, Ferrari Chairman and CEO, Sergio Marchionne, announced the leading Italian automaker would offer one additional example to be auctioned for charity. The car on offer has been created as a gift from Ferrari to its home country of Italy, with proceeds from its sale benefitting the reconstruction of Central Italy in the aftermath of the devastating earthquakes of 2016. It boasts a one-of-a-kind livery and interior, designed as a tribute to Italy, with a special plaque to commemorate the occasion.

With the sale presenting an unexpected opportunity for collectors to acquire a LaFerrari coupé from new, the December 3 auction is generating plenty of excitement and widespread interest from around the world.

“It is an honor for RM Sotheby’s to be entrusted with the sale of this important car and to help raise significant funds for a desperate cause,” says Rob Myers, CEO and Chairman of RM Sotheby’s. “The earthquakes which have struck Central Italy this year devastated the lives of thousands of people, and the money raised by the sale of this LaFerrari could not be put to a better use. The auction will be an historic event, and the generosity of Ferrari SpA will change lives in the areas most affected by the natural disaster.”

In addition to RM Sotheby’s and Ferrari working together on the special charity sale, the auction will be held in collaboration with the National Italian American Foundation’s Earthquake Relief Fund. To accommodate widespread interest in this very special charity lot, RM Sotheby’s is offering a variety of remote bidding options, including telephone and absentee bidding, for those unable to attend the event in person.

RM Sotheby’s is the market leader when it comes to the sale of Ferraris at auction, having successfully sold more important examples than any other auction house. The company, who has worked with Ferrari on numerous occasions in the past, including on the 2007 - 2009 record-setting auctions at the Ferrari factory in Maranello, currently holds four of the top 10 records for the most valuable Ferraris sold at auction, twice as many as any other auction house.

For further information on the exclusive charity sale of this LaFerrari this coming weekend, please visit http://bit.ly/2fMTGLu.

Please click on the play icon on the four short 1-minute videos below to experience some of the fantastic cars on offer at next Monday evening's True Greats, Coys' traditional London Christmas auction.

From Milan to Florida, RM Sotheby’s joins forces with Ferrari this weekend to conduct exclusive charity auction of 500th LaFerrari

DUEMILA RUOTE BY THE NUMBERS

More than 5,000 auction attendeesRecord 3,000+ bidders from 57 countries30 hours of auction action817 lots sold

€51.26 million in total sales

MILAN (28 November, 2016) – In what can only be described as ‘record-breaking’, RM Sotheby’s captured the attention of the global collector community this weekend with incredible results at its Duemila Ruote sale in Milan. Coinciding with the Milano AutoClassica—the Classic & Sports Car Show—the RM Sotheby’s event represented the largest automotive-themed collection sale ever held in Europe. During approximately 30 hours of auctioneering, 817 lots—comprising an astounding selection of motor cars, motorcycles, bicycles, boats and automobilia, all from one single private collection— were sold before a packed house at the Fiera Milano, totalling an incredible €51.263.270* (USD $54.85 million) in sales.

Augustin Sabatié-Garat, Car Specialist, RM Sotheby’s comments: “It feels like we achieved the impossible here in Milan this week. The logistical challenges involved with putting on this sale are mind-boggling, but we have risen to the challenge and achieved results that nobody could have anticipated. The auction venue alongside the Milano AutoClassica was busier than we have ever seen in a sale room.”

For auto enthusiasts, the collection’s 423 motor cars, many of which were seen on the open market for the first time in decades, presented a thrilling range of ownership opportunities at every level, driving countless bidding contests over the course of the three-day auction. In a field dominated by rare Italian machinery, top sales honours went to the 1966 Ferrari 275 GTB/6C Alloy; the first of just seven long-nose, six-carburettor, alloy body, torque tube 275 GTBs, its rarity, provenance and freshness to the market propelled it to an impressive €3.416.000. Another star of the show, the 2004 Maserati MC12, sporting less than 6,000kms, stormed into the record books at a remarkable €3.024.000, smashing the previous auction record by a considerable margin.

Although there are too many highlights to list individually, other notable sales included the Lancia-built, Ferrari-engined 1991 Lancia-Ferrari LC2 Group C for a staggering €851.200; a 1994 Bugatti EB110 GT for an above-estimate €616.000; a rare manual 2007 Ferrari 599 GTB Fiorano also eclipsed its estimate at €537.600; and a ‘project’ 1952 Aston Martin DB2 DHC achieved an incredible €504.000. Worth noting, strong results were not restricted to just the top-tier vehicles, rather witnessed across all price points. As a category, rally cars of the ’80s / ’90s proved particularly hot, as reflected in outstanding prices for the 1992 Lancia Delta HF Integrale Group A ‘Jolly Club’ at €336.000 (against a pre-sale estimate of €160–€180.000) and the 1989 Lancia Delta HF Integrale 16V ‘Ufficiale’ at a final €246.400. Then there was the group of almost 60 Porsche 911 variants, highlighted by a 1996 Porsche 993 GT2, which massively exceeded estimate at €616.000, not to forget 21 Jaguar E-Types, led by a 1963 Jaguar E-Type S1 3.8 OTS, which garnered €173.600 against a pre-sale estimate of €65-€75.000.

Beyond the automobiles, phenomenal interest was also recorded for other categories included in the sale. A 2008 Ducati Desmosedici led the group of 155 motorcycles at €70.200; the 1984 CUV Lamborghini #1 Offshore Class 1 ‘Miura’, powered by two giant Lamborghini V-12s, dominated the fleet of 55 boats at a massive €117.000; and a Vintage Fire Service Bicycle spearheaded the docket of 140 bicycles at €10.530. The perfect holiday gift for the young enthusiast, even the Jaguar D-Type Children’s Car ignited spirited bidding, selling for €30.420.

The event was an unprecedented sale on all levels. From the moment preview opened on Thursday, thousands of enthusiasts, including bidders from 57 countries, flocked to the Fiera Milano to preview lots. With standing-room-only across all three sale sessions, 83 per cent of bidders represented first-time clients to RM, with strong interest registered from collectors in the emerging markets of Russia, Brazil, Turkey, the Middle East and Asia. With many high performance ‘modern classics’ on offer, many younger generation collectors participated, with approximately 50 per cent of participants under the age of 50.

From a logistical standpoint, the sale reaffirmed RM’s unmatched capabilities as the market leader for private automobile collection sales. The event was pulled off by RM’s global team in just 10 weeks from the time the company was awarded the business through to this past weekend’s event. During this time, a team of nine people from four countries spent 21 days cataloguing and photographing the collection; thousands of catalogues were distributed; and significantly, the massive collection, which had previously filled 11 warehouses in Northern Italy, was transported from Venice to Milan by approximately 100 transport trucks. The collection was then displayed in over 200,000 square feet at the Fiera Milano - the equivalent of four football fields.

Augustin Sabatié-Garat, continues: “During approximately 30 hours of frantic bidding, we fielded five individual auctioneers working in shifts to deal with the stream of bidding that was generated within the room, on the phones and on the internet. Proving how attractive a ‘no reserve’ auction can be, we had more than 1000 internet bidders, while some lots required over 20 active telephone lines. This sale has proved beyond doubt that the classic car market continues be very strong with continued interest from all sectors of the market.”

Building on the momentum from this weekend’s sale, RM Sotheby’s heads to Daytona, Florida this weekend (3 December) for the charity auction of the 500th LaFerrari. Joining forces with Ferrari, with whom RM has worked closely in the past, the exclusive charity sale will lift the gavel on the very last LaFerrari coupé that will come out of the Maranello factory. The car was created especially by Ferrari to benefit the reconstruction of Central Italy in the aftermath of the devastating earthquakes of 2016. RM Sotheby’s is proud to provide its auction services for this very special auction, held during the Ferrari Finali Mondiali weekend at Daytona Beach, Florida.

*Results are listed in Euros and inclusive of 12 percent buyer’s premium for automobiles and 17 percent for all other lots. Exchange rate used: €1 = 0.86 GBP, $1.07 USD

The personal fleet of a Middle Eastern car enthusiast will go under the hammer on December 7th at Chateau Impney, Droitwich Spa as part of H&H Classics’ year end auction.

The collection is estimated to sell for a significant six-figure sum and contains numerous flagship Rolls-Royce, Bentley and Ferrari motor cars all with notably low recorded mileages.

Damian Jones, Head of Sales at H&H Classics says: “This is a chance to acquire some stunning cars with incredibly low odometer readings which have been kept garaged in some of London’s best postcodes. The Porsche Cayenne S comes with a handwritten log detailing its valeting schedule, while the Mercedes-Benz Viano is unusually well specified for a people carrier”.

2012 Bentley Continental GTC – 500 recorded miles

Estimate £75,000 – 85,000.

2006 Bentley Arnage RL – 4,900 recorded miles

Estimate £30,000 – 35,000

2012 Bentley Mulsanne – 2,300 recorded miles

Estimate £90,000 – 100,000

2011 Bentley Continental Flying Spur Speed – 11,000 recorded miles

Estimate £45,000 – 55,000

2012 Ferrari California – 500 recorded miles

Estimate: £90000 - 110000

2012 Ferrari F430 F1 Spider – 400 recorded miles

Estimate: £100,000 – 120,000

The fleet also includes a 2003 Rolls-Royce Phantom – 5,100 recorded miles. with an estimate: £70,000 – 80,000 and a2011 Rolls-Royce Ghost – 2,800 recorded miles. Estimate: £100,000 – 110,000.

Thursday, 24 November 2016

Quite possibly one of the finest and most original examples of the celebrated 365 GTB/4 "Daytona" remaining in existence today. Fewer than 7,150 miles covered at the time of this notice. Quite likely the finest “Enzo era” Ferrari GT model designed and built. Stunning Pininfarina body design, race-bred V-12 Ferrari performance, and impeccably balanced driving dynamics with rear-transaxle drivetrain. Excellent documented history.

"The Ferrari 365 GTB/4 is the best sports car in the world." Road & Track, October 1970

·Further information and a frequently updated list of entries available at www.rmsothebys.com

BLENHEIM, Ontario (November 22, 2016) – RM Sotheby’s, the official auction house of the Amelia Island Concours d’Elegance, will bring stylish French pre-war automotive design to the forefront when it returns to Amelia Island, Florida, March 11. Building on the company’s strong track record in Northeast Florida—the 2017 event represents RM’s 19th annual Amelia Island event—the March sale will be headlined by a stunning 1937 Bugatti Type 57S Cabriolet with rare coachwork by Vanvooren of Paris. Offered for public sale for the first time in its 80-year history, the Type 57S is expected to be among the most valuable automobiles ever offered during the Amelia weekend.

Highlighted by its striking and sporty body style, the 1937 Bugatti Type 57S Cabriolet, chassis no. 57513, is one of only three built. It is believed to be the only example of its kind in private hands retaining its original chassis, body, engine and gearbox, plus numerous other seldom seen original components. Perhaps even more fascinating is that it has never been completely disassembled for restoration and remains in exquisitely original condition. Well-documented with known history, it has enjoyed a short string of long-term owners, mostly UK-based enthusiasts; its second and third custodians were notable fixtures in the tight-knit Bugatti community, racing 57513 at Bugatti Owners Club meets, excelling in hill climb events, while also using the car for Continental touring.

In 1962, the featured T57S was acquired by T.A. (Bob) Roberts, OBE, who went on to become its longest-term owner, carefully maintaining the car for the next three decades. Early in Roberts’ custodianship, the Bugatti was changed to its current livery of black over primrose yellow, with various upgrades made to enhance cooling and lighting. During the 1970s, Roberts fitted 57513 with an unused 1937 Type 57G competition engine, while the original unit (numbered 21S) was kept along with the car. Thereafter, it was principally used as a road car, and eventually retired to Roberts’ Midlands Motoring Museum in Bridgnorth, Shropshire, with its original engine reinstalled before passing onto its current and first American owner in the 1990s. In single-ownership for the last two decades, 57513 comes to Amelia Island with its original engine still equipped with the larger competition carburetor from the Type 57G motor, offering an impressive increase in power, and following a recent mechanical recommissioning by RM Auto Restoration. It is expected to command in excess of $8.5 million when it takes center stage at RM’s Amelia Island sale at the Ritz-Carlton in March.

“The cars of Ettore and Jean Bugatti exemplify the virtues so appealing to the Classic Era sporting enthusiast who had the means to acquire the very best. The T57, in particular, was legendary for its high power, light handling and overall refinement,” says Don Rose, Car Specialist, RM Sotheby’s.

“Then comes the exceptionally rare and sporting T57S, one of very few open cars built on the same advanced competition chassis as the iconic Bugatti Atlantic Coupé, and just as rare. In total, just 48 57S chassis were built, the majority of which featured factory design coachwork. The fact that this car is one of only three cabriolets bodied by Vanvooren makes it all the more special. We’re truly honored to be presenting chassis 57513 at Amelia Island on behalf of its long-term owner. One could choose to maintain its exceptional originality and charm, or it could be considered as a restoration candidate, expected to be highly competitive at the top level of the international concours scene, potentially worthy of Best of Show celebration.”

One of only three supercharged Stutzes in existence, the 1930 Stutz Model M Supercharged Coupe, chassis no. M-C-31312, is clothed as a rakish and low-slung aluminum coupe by Lancefield Coachworks. Universally lauded for its handsome and sinister appearance, it comes to Amelia Island beautifully restored and with an impeccable history, including a well-known roster of owners dating back to famed Stutz collector A.K. Miller, who purchased it in the late 1940s. Owing to its provenance, design and supercharged specification, it is undoubtedly one of the most desirable examples of the Stutz marque (Est. $1,000,000 – $1,400,000).

The 1933 Cadillac V-16 All-Weather Phaeton, motor no. 5000102, is a fantastic example of the top-of-the-line Cadillac V-16 of its era. For the first time in 1933, Cadillac gave the V-16s a separate identity with unique styling cues found in the body lines, fender edges and various finish details throughout. It was also the first Cadillac to feature the “de Sakhnoffsky” hood— a striking feature in which the hood overlaid the cowl and reached to the base of the windshield. With the Depression taking its toll on the upper classes, only 126 V-16s were delivered by Cadillac in 1933. Only a small number of these All-Weather Phaetons from this rare year are known to survive. Elegant and sporty, the featured example is very well-known and respected in collector circles. It boasts prominent ownership history, including Gifford Oborne, Bill Chorkey, Carmine Zeccardi and, more recently, Steve Plunkett in whose collection it resided for over a decade(Est. $400,000 - $500,000).

For further information on RM Sotheby’s Amelia Island sale or to view a frequently updated list of entries, please visitwww.rmsothebys.com, or call +1 519 352 4575 to discuss consignment opportunities.